Enphase Energy (ENPH) Revenue (2011 - 2026)

Enphase Energy (ENPH) recorded quarterly Revenue of $282.9 million in Q1 2026, down 17.6% quarter-over-quarter from $343.3 million in Q4 2025, and down 20.55% on a YoY basis from $356.1 million in Q1 2025.

Enphase Energy (ENPH) Revenue (2011 - 2026) Analysis & Trends

Enphase Energy's Revenue history runs 16 years deep, the most recent figure standing at $282.9 million for Q1 2026.

  • In Q1 2026, Revenue fell 20.55% year-over-year to $282.9 million; the TTM figure through Mar 2026 stood at $1.4 billion (down 1.64% YoY), while the FY2025 annual figure was $1.5 billion, up 10.72% from the prior year.
  • Revenue was $282.9 million for Q1 2026 at Enphase Energy, down from $343.3 million in the prior quarter.
  • In the past five years, Revenue ranged from a high of $726.0 million in Q1 2023 to a low of $263.3 million in Q1 2024.
  • Historically, Revenue has averaged $453.4 million across 5 years, with a median of $382.7 million in 2024.
  • The sharpest annual moves came in 2022 and 2024: Revenue surged 80.56% in 2022, then plunged 63.73% in 2024.
  • A 5-year view of Revenue shows it stood at $724.7 million in 2022, then tumbled by 58.25% to $302.6 million in 2023, then grew by 26.49% to $382.7 million in 2024, then declined by 10.29% to $343.3 million in 2025, then dropped by 17.6% to $282.9 million in 2026.
  • The last three Revenue figures came in at $282.9 million (Q1 2026), $343.3 million (Q4 2025), and $410.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 1.04 Bn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 880.52 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 282.90 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 310.50 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 722.23 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 140.56 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 223.41 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 1.78 Bn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 25.20 Mn
10 Skycorp Solar 110.38 Mn 103.60 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 282.90 Mn
Dec 31, 2025 343.32 Mn
Sep 30, 2025 410.43 Mn
Jun 30, 2025 363.15 Mn
Mar 31, 2025 356.08 Mn
Dec 31, 2024 382.71 Mn
Sep 30, 2024 380.87 Mn
Jun 30, 2024 303.46 Mn
Mar 31, 2024 263.34 Mn
Dec 31, 2023 302.57 Mn
Sep 30, 2023 551.08 Mn
Jun 30, 2023 711.12 Mn
Mar 31, 2023 726.02 Mn
Dec 31, 2022 724.65 Mn
Sep 30, 2022 634.71 Mn
Jun 30, 2022 530.20 Mn
Mar 31, 2022 441.29 Mn
Dec 31, 2021 412.72 Mn
Sep 30, 2021 351.52 Mn
Jun 30, 2021 316.06 Mn